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Fertiliser stocks climb up to 10% after govt hikes DAP subsidy
National Fertilizers stock was among the top gainers rising up to 10.35% in today s trade
Aseem Thapliyal | May 20, 2021 | Updated 18:37 IST
Share of Deepak Fertilisers rose to a fresh 52-week high of Rs 309, gaining 7.24% on BSE
Fertiliser stocks rose in trade today after the Modi government raised subsidy on diammonium phosphate (DAP) fertiliser by 140 per cent to protect the farmers from increase in prices.
Share of Deepak Fertilisers rose to a fresh 52-week high of Rs 309, gaining 7.24% on BSE. The share has gained 5.1% in the last 3 days. The stock opened with a gain of 4.3% at Rs 300.55. Deepak Fertilizers share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The stock has gained 191% in one year and risen 87.47% since the beginning of this year. In a month, the share has climbed 28.73%. Later, the stock closed 2.31% to Rs 294.80 on BSE. ....

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